Nokia, VNPT team up to deploy first 10G broadband in Vietnam

By Tri Duc
Wed, May 24, 2023 | 11:49 am GMT+7

Nokia and VNPT will conduct the first deployment of 10G fiber broadband in Vietnam, providing connections to 10,000 homes and businesses in the eight biggest localities of the Southeast Asian nation, the Finnish tech giant announced on Tuesday.

Nokia headquarters in Espoo, Findland. Photo courtesy of Nokia.

Nokia headquarters in Espoo, Findland. Photo courtesy of Nokia.

The Finnish firm will provide fiber access nodes for the operator’s exchanges and fiber modems for end users. With the new technology, VNPT will offer customers a full choice of internet speed of up to 10 Gbits per second on the existing platform without having to install new fiber.

The project is VNPT’s first step towards high-class fiber-to-the-x (FTTx) services, which fulfill residential and business customers’ demand for higher bandwidth and service quality using the latest generation of 10 Gigabit Symmetrical Passive Optical Network (XGS-PON), said Dang Anh Son, CEO at VNPT Net Corporation.

“VNPT will work with Nokia to deploy cloud-based network management systems for the XGS-PON and enhance customer experiences through digital transformation solutions,” he added.

The state-owned telecom group VNPT reported an after-tax profit of VND6.63 trillion ($280 million) in 2022, exceeding its annual target by 4.6%. The telco's total revenue reached VND55.21 trillion ($2.34 billion), up 2% year-on-year and fullfilling 97.5% of the year's goal. VNPT's broadband service revenue maintained a growth rate of 6% in 2022.

Nokia is a long-term partner of telcos in Vietnam. In August 2022, VNPT and Nokia signed an agreement to promote private wireless (LTE/5G) deployment and solutions for smart ports and airports.

In September 2019, Nokia and Viettel, the biggest telecommunications business in Vietnam, broadcast the first end-to-end 5G network in Ho Chi Minh City. The launch positions Vietnam head-to-head with other countries in the region looking for an early commercial 5G rollout.

In February 2023, Nokia announced the completion of Vietnam’s first Dense Wavelength Division Multiplexing (DWDN) network with Viettel, a move that will “dramatically” increase capacity for the operator. This new Data Center Interconnect solution will enable Viettel to meet future requirements for low-latency, high-capacity, robust network for 5G, Cloud, and growing consumer demand for online video and internet usage, Nokia said.

Also in February, at the Mobile World Congress (MWC) 2023 in Barcelona, Spain, Nokia and Vietnamese telecom giant MobiFone signed a cooperation deal. Nokia will assist MobiFone with 5G technology and the export of infrastructure into the cloud, fix-wireless access service on its 5G platform, and commercialization of the latter’s 5G network.

Vietnam had 21.86 million fixed broadband subscribers as of the end of April, equivalent to 22 subscribers per 100 citizens, up 8.76% year-on-year, according to the Ministry of Information and Communications. The ratio of households using optical-fiber cable for internet connection was 76.68%, up by 6.68 percentage points year-on-year.

The country’s information-communications technology sector reaped a revenue of VND1,139.3 trillion ($48.49 billion) in the January-April period, the ministry added. The April figure was VND313.48 trillion ($13.34 billion), down 1% year-on-year.

Comments (0)
  • Read More
Indonesia promotes Marine Biopharma in healthcare

Indonesia promotes Marine Biopharma in healthcare

Indonesia is actively promoting the use of marine biopharmaceuticals in the healthcare, cosmetics, and nutraceutical industries to harness the vast potential of its marine and fisheries resources.

Southeast Asia - Tue, February 18, 2025 | 10:05 pm GMT+7

Thailand leads dried fruit exports to China

Thailand leads dried fruit exports to China

Thailand led global exports of dried fruits to China in the first 10 months of 2024, with sales rising 10.22% from the same period last year to $125.64 million, according to the Thai Department of International Trade Promotion (DITP).

Southeast Asia - Tue, February 18, 2025 | 10:02 pm GMT+7

Vietnam parliament okays appointment of 4 ministers

Vietnam parliament okays appointment of 4 ministers

The Vietnamese parliament on Tuesday okayed the appointment of four ministers, per Prime Minister Pham Minh Chinh's proposal.

Politics - Tue, February 18, 2025 | 9:38 pm GMT+7

Vietnam has 2 new Deputy Prime Ministers

Vietnam has 2 new Deputy Prime Ministers

The National Assembly, Vietnam's highest legislative body, on Tuesday approved Prime Minister Pham Minh Chinh's proposal to appoint Nguyen Chi Dung and Mai Van Chinh as Deputy Prime Ministers for the term 2021-2026.

Politics - Tue, February 18, 2025 | 6:07 pm GMT+7

Foreign investors hold over $12.6 bln worth of Vietnamese securities

Foreign investors hold over $12.6 bln worth of Vietnamese securities

Foreign investors held over VND323.53 trillion ($12.65 billion) worth of securities at the end of 2024, accounting for 7.35% of the total registered securities value at the Vietnam Securities Depository and Clearing Corporation (VSDC), according to its general director Ta Thanh Binh.

Finance - Tue, February 18, 2025 | 4:33 pm GMT+7

Vietnam’s southernmost province eyes exporting electricity to Singapore

Vietnam’s southernmost province eyes exporting electricity to Singapore

Vietnam’s southernmost province of Ca Mau aims to build a grid to export electricity to Singapore, provincial authorities suggested at a Monday meeting with Singaporean Ambassador to Vietnam Jaya Ratnam.

Energy - Tue, February 18, 2025 | 3:21 pm GMT+7

Vietnam's leading IP developer KBC eyes 7-fold profit hike in 2025

Vietnam's leading IP developer KBC eyes 7-fold profit hike in 2025

Kinh Bac City Development Holding Corporation (HoSE: KBC), a leading industrial real estate developer in Vietnam, targets a consolidated net profit of VND3.2 trillion ($125.5 million) this year, a sevenfold increase from 2024.

Companies - Tue, February 18, 2025 | 3:04 pm GMT+7

Chinese semiconductor firm proposes independent power transmission line in northern Vietnam

Chinese semiconductor firm proposes independent power transmission line in northern Vietnam

Micro Commercial Components Vietnam (M.C.C) has proposed the construction of an independent power transmission line in the northern province of Bac Ninh to ensure a stable power supply during a meeting with local leaders on Monday.

Industries - Tue, February 18, 2025 | 1:20 pm GMT+7

81% of American businesses concern about potential US tariffs on Vietnam: survey

81% of American businesses concern about potential US tariffs on Vietnam: survey

As many as 81% of American firms in Vietnam are concerned about potential tariff imposed by the Trump administrative on Vietnamese goods, according to the American Chamber of Commerce in Ho Chi Minh City (AmCham).

Economy - Tue, February 18, 2025 | 12:04 pm GMT+7

Japan's leading transport firm eyes forming driver training center, AI lab in Vietnam

Japan's leading transport firm eyes forming driver training center, AI lab in Vietnam

Yamato Holdings, which holds approximately 46% of Japan’s home delivery market, intends to set up a professional driver training center in Vietnam to supply human resources to Japan, said its president Nagao Yutaka.

Industries - Tue, February 18, 2025 | 11:37 am GMT+7

Vietnam plans to stop 2 coal-fired power plants by 2030, all inefficient ones by 2040

Vietnam plans to stop 2 coal-fired power plants by 2030, all inefficient ones by 2040

Vietnam aims to stop two coal-fired power plants by 2030 and then all inefficient ones that cannot be improved by 2040, according to a decision signed by Prime Minister Pham Minh Chinh on Monday.

Energy - Tue, February 18, 2025 | 11:15 am GMT+7

Vietnam's property market strongly performs in 2024 on solid fundamentals: Knight Frank

Vietnam's property market strongly performs in 2024 on solid fundamentals: Knight Frank

Vietnam's real estate market made a strong performance in 2024 across the office, ready-built factories/warehouses, and apartment segments thanks to solid fundamentals, write Knight Frank analysts.

Real Estate - Tue, February 18, 2025 | 8:00 am GMT+7

Thailand, Australia boost ties in transport, logistics

Thailand, Australia boost ties in transport, logistics

Thailand and Australia are seeking to strengthen cooperation in transport infrastructure and carbon emission reduction in the logistics sector.

Southeast Asia - Mon, February 17, 2025 | 8:20 pm GMT+7

China surpasses US as biggest importer of Vietnamese shrimp

China surpasses US as biggest importer of Vietnamese shrimp

China imported $834 million worth of Vietnamese shrimp last year, surpassing the U.S. to become the largest buyer of this item from Vietnam, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Economy - Mon, February 17, 2025 | 7:51 pm GMT+7

Malaysia, S Korea resume FTA talks

Malaysia, S Korea resume FTA talks

Malaysia and South Korea are set to hold their seventh round of negotiations for a bilateral free trade agreement (FTA) as they look to expand their trade portfolio and strengthen cooperation, according to the latter's Ministry of Trade, Industry and Energy.

Southeast Asia - Mon, February 17, 2025 | 5:23 pm GMT+7

Indonesia to launch new sovereign wealth fund this month

Indonesia to launch new sovereign wealth fund this month

Indonesia will launch a new sovereign wealth fund called Danantara this month, with an initial capital of around $20 billion.

Southeast Asia - Mon, February 17, 2025 | 5:19 pm GMT+7